Eaglewood announces start of the PPL 259 Drimgas seismic programmeEaglewood Energy is pleased to announce the start of a new 2D seismic survey over PPL 259 in Papua New Guinea, in support of selecting a drilling location in 2013.The Corporation will initially carry out a 63 line km shoot over the western portion

The company reported to the Australian Securities Exchange on Thursday that it had entered into a farm-in agreement with Wondecla, a wholly-owned subsidiary of Cott, for each company to hold 50% equity in PPL 435 in the Western Papuan basin.The 5670-square kilometre block is 45 kilometres south-west and

The company confirmed on Thursday that Papua New Guinea’s Minister of Petroleum & Energy had granted a five year extension to the licence periods and exploration expenditure programmes for PPL 266 and 267.“Gaining confirmation that NGE have the rights for the next five years to continue exploration in these prospective licences

The Ensign Rig 48 had completed drilling of the Snatcher-8 well to a total measured depth of 1879 metres on the weekend.Senex said wireline logs confirmed the presence of an 18.8-metre gross oil column between vertical depths of 1771 metres and 1790 metres, with an interpreted net oil pay of 14.1 metres.The well,

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